Retirement

What a difference a month makes! Just weeks ago the investment horizon looked clear for light years, stock were roaring, the global economy glistened with a golden-age-aura, and all seemed well with the financial world. The sanguine outlook hinged on three critical linchpins: The US Fed’s late 2018 reversal on interest rate policy, switching from

When the market hits an air pocket is often a good time to buy stocks. Getty When the market hits an air pocket, it is hard to buy stocks because of the fear in the air. But it’s times like this when stocks are cheapest because the fear has taken the optimism out of prices.

Each year the trustees of Social Security issue a report on Social Security’s financial condition to Congress and the public. The 2019 report came out a few weeks ago, and you can find the 2019 report here. The report sparks and lot of headlines and discussion about the fate of the program and those who

Retirement Researcher Dealing with the Reverse-Mortgage Loan-Servicing Companies The one area of complaints in the Consumer Financial Protection Bureau report that readers should remain wary about relates to loan servicing. Consumers have complained that servicers can make it difficult to coordinate repayment, may act as if property taxes and other homeowner obligations have not been

Some days it can seem like we are experiencing the worst of polarized politics with no end in sight. But despite this polarization, members of Congress in both chambers and both parties seem eager to advance retirement savings legislation. There are two large looming retirement bills – the Senate’s RESA and the House’s SECURE Act

ASSOCIATED PRESS Beijing wants to apply the Duterte Model of finding a solution to its South China Sea disputes with Malaysia. Negotiating a bilateral deal with Kuala Lumpur, that is, rather than a multilateral deal that could involve all countries having an interest in the region. That’s according to an article that appeared in The

United States Capitol Building, Washington DC, Getty In the past decade, the same proposed law has been repeatedly re-introduced in the U.S. Congress to make it easier for victims of age discrimination to sue discriminatory employers. Every year that proposed law, Protecting Older Workers Against Discrimination Act (POWADA), dies an ignominious death. Will this year

Fighting Wall Street looting Main Street- state and local government workers’ pensions– is a job tailor-made for Elizabeth Warren– if only she’ll do it. (AP Photo/Cliff Owen) In October 2016, the Rhode Island Retired Teachers Association (RIRTA) wrote to Massachusetts Senator Elizabeth Warren on behalf of its over 600 members pleading for her assistance. The

Getty Getty High earners are always looking for ways to propel themselves forward financially. The 2018 US Trust Insights on Wealth and Worth found that 84% of high net worth households surveyed were extremely motivated to create wealth in order to provide financial security for their families. This can range from doing the right estate

“If you want to do something to hasten a cure for Alzheimer’s, join the Brain Health Registry,” said Michael W. Weiner, M.D. A professor of radiology and biomedical engineering, medicine, psychiatry and neurology at the University of California, San Francisco (UCSF), Weiner is the principle investigator of the Brain Health Registry (BHR) and the National

By Miriam Arond, Next Avenue Contributor While the idea of creating a second act in life is nothing new, it traditionally referred to retired people shaping their next life stage. Professionals in the prime of their careers weren’t expected to launch them. But many fields — like magazines, where I worked for decades as an editor

When looking for advisors, you should look for one whose clients look like, well, you. Getty When choosing a financial advisor, there are a lot of questions you should ask to make sure that the advisor is the perfect fit for you—after all, you’ll be working with them for years to come. One important question is

The truth about index funds must be repeated over and over because lies are constantly being told. Index funds are not evil, they are not destroying the markets, and will not blow-up your portfolio. To the contrary, they have outperformed most active investment strategies and continue to save investors billions of dollars per year in

The $75 billion Oregon Public Employees Retirement System (OPERS) appears to be another case of gross malpractice generally practiced. Getty This morning I participated in an hour-long discussion on Oregon Public Radio focusing on what broke the Oregon state pension and what might fix it. At first glance, the $75 billion Oregon Public Employees Retirement

Photo by Austin Distel on Unsplash Photo by Austin Distel on Unsplash If you’re a “starter investor” — someone that is new to the world of investing — there’s a good chance you’re feeling pretty overwhelmed. And for good reason! You’re probably getting hit with news bites and ads every day that are spewing financial

Share to facebook Share to twitter Share to linkedin Mt. Tam Van and Bike Stephen Chen Did you know that according to a recent survey by Charles Schwab only 25% of people have a financial plan and that 60% of people live paycheck to paycheck? Additionally: People in the top 10% of wealth tend to

Buy Eli Lilly on the market dip. Getty After the market dip, we’ve had the past two weeks, Eli Lilly (LLY) is the stock Wayne Himelsein, who has more than doubled the S&P 500’s return for over 18 years, says to buy. That Wayne has recommended Lilly before, at higher prices, shows you that even

What are the options for retirees to secure health insurance if they retire before they become eligible for Medicare? Getty Retiring early is very difficult, but it can be within reach, especially for diligent savers with low expenses, individuals with a strong pension, and high-earning executives with substantial assets. Figuring out when you can retire

Is it time to tariff-proof our dividends (again)? A couple months into the U.S.-China trade tensions, I said the key was to buy dividend-growth stocks: “Payout growth like that is proven to throw an updraft under share prices when the markets get skittish due to any kind of worry: trade spats, terrorist attacks, wars—you name

The latest annual report from the Trustees of Medicare and Social Security sparked a lot of discussion, but many of the conclusions people made are wrong. Every year the trustees of Social Security issue a report to Congress and the public on the financial status of the program and its trust funds. You can find